In this episode, Bill Condon and Matt McGregor delve deep into the latest market trends within the industrial market. Discussions include the pull back of products in the capital markets, the decrease in building values and the downfall of land values. They also highlight areas like South Seattle and their rise in tech and EV activity. Additionally, they explore challenges associated with the construction debt. The conversation sheds light on the role of companies like Amazon and Boeing in impacting industrial leasing and absorption rates, focusing on the current state and potential future of the industrial market.
00:37 Introduction and Welcome
00:44 Discussion on Market Impact and Product Pulling
01:36 Analysis of Pricing and Buyer Expectations
02:17 Impact of Pricing on Market Dynamics
04:10 Exploring the Downfall of Land Values
05:36 Insights on Market Trends and Subleasing
06:51 The Soft Spot in the Market: 100 to 200,000 Square Foot Range
07:59 Discussion on Southern Industrial Market Trends
09:57 Challenges and Trends in South Seattle Market
12:28 Boeing's Impact on the Market
13:32 Amazon's Potential Return to the Market
14:08 Challenges in Construction Financing
14:57 Conclusion and Farewell
